By Dan Bell
The NZD/USD opens higher this morning after a positive night for stock markets and US data – currently 0.8265.
A precursor for tonight Non-Farm Payroll numbers, the ADP Jobs Report, came through with a positive number, +158K vs expectation of +138K, eyes now shift firmly to the big number this evening.
US ISM Manufacturing PMI also came in higher at 51.7 vs 51.12, a 5 month high, Consumer Confidence up also, things are looking brighter?
Dow Jones +1.00%, S&P +1.05%, FTSE +1.37%, CRB Index +0.70%
The NZD opens the crosses - 0.7950 AUD, 0.6320 EUR, 0.5125 GBP, 66.20 JPY, 0.8235 CAD.
ANZ Commodity Prices out at 1.00pm, Australian PPI at 1.30pm, and Non-Farm Payrolls at 1.30am.
------------------------------------------------------------
To subscribe to our daily Currency Rate Sheet email, enter your email address here.
-------------------------------------------------------------
Dan Bell is the senior currency strategist at HiFX in Auckland. You can contact him here
No chart with that title exists.
We welcome your comments below. If you are not already registered, please register to comment.
Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.